Law Flashcards
RE Law draws from four places. Name them
Statutes: Provincial and Federal
Jurisprudence: Court decisions
Doctrines: Legal texts written by legal community
Customs: Unwritten Rules
6 possible ways to acquire an immovable
Purchase
Exchange
Gift
Succession
Giving in Payment
Acquisitive prescription
Case law (define and name the hierarchy to follow)
Refers to all past decisions made by courts
Highest court in country (supreme court of Canada)
Second-level courts
Trial courts
6 ways to acquire a property
Purchase
Exchange
Gift
Giving in Payment
Succession
Acquisitive Prescription
Types of succession
Legal (deceased did not leave a will and legal heirs determined by Civil Code)
Testamentary (Will designates the person(s) to whom they bequeath their property
Forms of wills
Holograph will (written entirely by testator and signed by lien, must be probated by court of law) Probated = validation of the signature and legal capacity of the person
Notarial law (signed before a notary “en minute” in the presence of a witness, does not need to be probated)
Will made in the presence of witnesses (written by testator (or 3rd party for them in front of the latter) in the presence of 2 witnesses, must be probated by court of law)
Heirs vs legatees
Heirs inherit without a will, Legatees inherit with a will
4 conditions of acquisitive prescription
Peaceful (no threat of violence toward real owner)
Continued (at least 10 years)
Unequivocal (no doubt, ambiguity or uncertainty exists regarding the possessor’s situation)
Public (must exist in the eyes of third parties, public can see possessor carry out acts of ownership and property tax account is registered in the possessor’s name)
Name the types of rent
Gross rent least (monthly amount is fixed)
Net lease (Lessee responsible for a portion of opex, base rent (fixed amount) + additional rent (for opex, maintenance, insurance, etc)
Percentage rent lease (specific to multi-tenant retail locations (malls), base rent + % of income)
3 Matrimonial Regimes
Community of property (Before July 1, 1970)
Partnership of Acquests (After July 1, 1970)
Separation as to property
3 types of protective supervision
Tutorship (partial and temporary incapacitation)
Curatorship (Total and permanent)
Adviser
Types of immovable property
By nature (by definition immobile in its natural state (soil, plants, permanent structures and constructions) or movables incorporated with an immovable that lose their individuality and ensure the utility of the immovable (doors, windows, staircases))
By attachment or joinder (Permanently physically attached movables that do not lose their individuality (TV antennas, Light fixtures, above-ground pools))
By the object to which they are attached (real rights in the immovable as well as actions to assert such rights or to obtain possession of immovables)
By determination of the law (hypothecs on present and future rents and hypothecs on indemnities paid under insurance contract covering rents)
3 ways to put mobile home on market
Mobile home + land sold by same owner (BCS/PP)
Mobile home + land leased by same owner (Residential rental form)
Mobile home sold or leased but land belongs to someone else (mobile home forms)
3 components of the right of ownership
Usus: right to use and enjoy a property
Fructus: right to collect fruits and revenue produced by property
Abusus: right to dispose of, hypothecate, sell, lease or give away property
Dismemberments of rights of ownership
Usufruct
Use
Servitudes
Emphyteusis
Superficies
Each owner has full, distinct ownership; of the buildings (superficiary) and of the soil (held by subsoil owner)